Monday 26 March 2018

MIDEAST STOCKS-Gulf stocks muted, Saudi bourse closes up despite missile attacks

MIDEAST STOCKS-Gulf stocks muted, Saudi bourse closes up despite missile attacks:

"Middle Eastern stocks were mixed on Monday with investors in Saudi Arabia largely ignoring an apparent escalation in the country’s three-year war with Yemen, after the conflict caused its first civilian death within Riyadh. The kingdom’s air defences shot down seven ballistic missiles fired by Yemen’s Houthi forces late on Sunday, and debris killed an Egyptian resident of Riyadh. After initially slipping as much as 0.6 percent, Saudi Arabia’s main index recovered to close 0.2 percent higher."



'via Blog this'

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